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Fire & EC is the lowest on the totem pole. Just building coverage, no contents coverage (but can be purchased) This wouldn't be your situation But for reference.... It is often purchased for cottages/seasonal homes - burglary coverage is optional and there must be signs of "forced entry" for the coverage to apply. So if you left your phone on your cottage dock and the next time you went up there it's gone - there is no coverage.

A Broad Form policy lists the only the "perils" you are insured for and it is one helluva list. Theft is on there and your phone would be covered (providing you reported the loss to the local police - always a requirement for theft coverage), whether you are at a restaurant, staying at a friends place, or on vacation in Fuji. The wording says "...anywhere in the world.."

Comprehensive Form says "you are insured against all risks of direct physical loss or damage subject to the exclusions and conditions on this form" and goes on to list 24 or so items detailing those exclusions and conditions. In practical terms Broad and Comp are very similar BUT Comp affords you 2 BIG benefits:

1-mysterious disappearance ex: You go to use your phone after a few days of not using it and can't find it anywhere. (or a more common example is a diamond falls out of your wife's ring) you can't say exactly where it happened, or even if someone took it. that is covered.

2-accidental damage ex: You are doing laundry, carrying your bleach on top of your basket full of clothes. You slip and drop the basket. The bleach bottle explodes, destroying your carpet, couch, and 1/2 the clothes. All covered (same would go for dropping your phone, BTW).

With any loss you have to consider what impact the claim has on your premium and future policies. If you have had property insurance for 3 or more years you may be getting a claims free discount (5%-15%) you would lose that. Further 2 property claims in 3 years will get you non-renewed and put you in a "high risk" category. (where tenants policies can start around $1000 )

My general advice to clients is this: property insurance should be viewed as more of a catastrophic loss policy. It is not intended to cover every mistake and minor theft. If your $600 bike is stolen at the library, that sucks, but it's not worth jeopardizing your renewal. If your whole garage gets cleaned out, that is what your policy is for.

So specific to your situation, your tenants policy may cover it, but weigh the impact. If you are considering buying a home in the next 3-5 years then I wouldn't claim it. Your tenants insurance is relatively inexpensive so losing that claims free discount looks like no big deal. BUT on a home policy that discount would buy you a new I-phone every year.

Just a tip: The deductible buy down is generally a waste of money (IMO), though I understand it looks and sounds good. You are paying $24 a year to insure $300-$500 ($1 of premium per $20 of coverage) compared to the rest of your policy $300 for $30,000 of contents coverage ($1 premium per $100 of coverage) You aren't going to make a claim that often. If you got rid of the deductible buy down it would be the equivalent of a 5-10% discount

In any event, I'd call your broker/agent and ask their opinion before you make any final decisions.

Sorry for the novel

thanks for the info! I don't think I'm going to bother claiming it then,, especially since I'm buying a condo in a few months..

Even the Rogers reps didn't know about this,, I talked to the Lost/Stolen department and also the tech support department. They said there's no way to freeze the phone or find out if a new SIM is installed.. All they can do is block the line.

That's bullshit. I used to work for t-mobiles network department, and I could see at any given time, which IMEI is connected to who's account. They just don't want to bother because it's not worth their time, they get more money if you just buy another phone.

If someone gets murdered, and their phone stolen, we could then look up the IMEI and see who's using it, even if they switched simcards we could see.

That's bullshit. I used to work for t-mobiles network department, and I could see at any given time, which IMEI is connected to who's account. They just don't want to bother because it's not worth their time, they get more money if you just buy another phone.

If someone gets murdered, and their phone stolen, we could then look up the IMEI and see who's using it, even if they switched simcards we could see.

We could blacklists phones by IMEI as well.

So how come they don't want to help me? Is it b/c they simply don't have to? I've called couple of times..

That's bullshit. I used to work for t-mobiles network department, and I could see at any given time, which IMEI is connected to who's account. They just don't want to bother because it's not worth their time, they get more money if you just buy another phone.

If someone gets murdered, and their phone stolen, we could then look up the IMEI and see who's using it, even if they switched simcards we could see.

We could blacklists phones by IMEI as well.

But if someone unlocks the phone and uses a different carrier, the original carrier would not be able to access the phone any longer. That's probably what has happened. I'm sure they don't want to track lost/stolen phones as there is no money in that.

But if someone unlocks the phone and uses a different carrier, the original carrier would not be able to access the phone any longer. That's probably what has happened. I'm sure they don't want to track lost/stolen phones as there is no money in that

As long as it's using our cell towers we could track it, if they were on another carrier, out of luck.

I think the most you can do is pester them to block the IMEI, but even then they probably wouldn't do it and say they did

There are privacy issues with IMEI tracking, you'd need to get the police involved. Like I said though, unless it's a serious investigation, they're not going to help you find your phone.